[size=45]Central Bank Governor: We saved the Iraqi economy from collapsetwo hours ago
The Central Bank of Iraq said, on Wednesday, that it saved the Iraqi economy from collapse in 2014, while America said that it contributed 40 billion dollars in aid to Iraq to develop the Iraqi economy.
Central Bank Governor Mustafa Ghaleb Makheef said during the “Access to Finance” conference: “The bank was able to stop the collapse of the Iraqi economy during the year 2014 with the collapse of security conditions and the drop in oil prices globally through a package of financing operations,” noting that “the tasks of the Central Bank are Addressing challenges at critical times for the economy.
He added, "The bank was able, through launching financing initiatives, including liquidity support for government banks and initiatives to finance farmers' dues," noting that "the financing of these initiatives has currently reached 18 trillion dinars."
He pointed out that “the bank intensified its efforts in the field of clean energy through the initiative to finance one trillion dinars to purchase electricity generating units operating on solar energy,” explaining that this financing was “launched in cooperation with the Association of Banks, a social initiative that contributes to linking the banking sector with society to develop some shrines.” religious, tourist facilities, job opportunities, and others.
For her part, the US Ambassador to Iraq, Alina Romanowski, confirmed that “the United States government is proud to launch the activities of the conference to build a thriving private sector on the basis of transparency,” pointing out that her country “continues to support the development of the Iraqi private economy, and during the last period it contributed 40 billion dollars to strengthen the Iraqi economy.” “.
And she added, "I announce today an important partnership project to build the first gas separation plant between the private sector and the Ministry of Industry and Minerals. The project creates more than 30,000 job opportunities."